Join a dynamic team responsible for safeguarding financial systems against money laundering and terrorist financing, across both South African and offshore operations (UK/Channel Islands). As an AML Operations Specialist, you`ll be at the forefront of ensuring compliance with critical AML regulations and internal risk management frameworks. Your Mission: As a vital member of the AML Operations team, you will play a key role in the first line of defence. Your expertise will be crucial in: Mastering Enhanced Due Diligence: Conduct in-depth ECDD for high-risk clients, meticulously assessing ML/TF/PF risks and producing high-quality reports with clear recommendations. Navigating Legal Entity Onboarding: Provide specialist guidance on onboarding both natural persons and complex legal entities, expertly identifying Ultimate Beneficial Owners (UBOs) in line with South African (PCC59) and Guernsey regulations. Ensuring Robust Client Due Diligence: Perform thorough CDD and risk assessments during onboarding and throughout the client lifecycle for both South African and Guernsey (natural persons) clients, adhering strictly to the risk management and compliance program. Detecting and Mitigating Risks: Execute precise sanctions, PEP, and adverse media screening on clients and related parties, taking decisive action on matches and escalating appropriately. You`ll also manage ongoing screening alerts with vigilance. Maintaining Data Integrity: Conduct thorough ID and address verifications, and accurately perform FATCA/CRS checks. Identifying Suspicious Activity: Analyze transactions to detect unusual patterns and potential risks. Championing Compliance: Apply and uphold all requirements of the risk management and compliance program (RMCP). Staying Ahead of the Curve: Maintain expert knowledge of international sanctions regimes (UNSC, EU, UK, OFAC, TFS). Guiding Stakeholders: Provide clear and practical guidance to business teams on RMCP requirements for compliant client onboarding and lifecycle management. Applying Risk Intelligence: Utilize effective risk assessment techniques to proactively identify and mitigate AML vulnerabilities. Continuous Learning: Stay informed about evolving regulatory landscapes and AML best practices. Collaborative Problem Solving: Work effectively with internal teams to develop and implement robust AML policies and procedures. Driving Improvement: Participate in remediation projects to address identified issues from audits, reviews, and regulatory changes. Providing Expert Support: Address queries from internal clients with professionalism and expertise. Meeting Performance Standards: Ensure agreed Service Level Agreements (SLAs) are met and escalate any potential risks promptly. What You Bring: A relevant Legal or Commercial degree. AML compliance certification (e.g., ACAMS preferred). 1-2 years` proven experience in performing enhanced customer due diligence and crafting comprehensive reports. 2-3 years` experience in customer onboarding and ongoing due diligence processes. In-depth knowledge of the South African AML legal framework (FIC Act, PCCs, guidance notes, directives), including expert understanding of ultimate beneficial ownership assessments (PCC59). A strong understanding of FATF recommendations and international AML standards. Familiarity with Guernsey AML requirements is a significant advantage. Your Skills Toolkit: Exceptional Report Writing: Ability to articulate complex information clearly, concisely, and professionally. Strong Analytical & Critical Thinking: Proven ability to analyze information, identify risks, and propose effective solutions. Meticulous Attention to Detail: A commitment to accuracy and thoroughness. Risk Identification & Mitigation: Ability to identify ML/TF/PF risks and recommend appropriate mitigating actions. Data Proficiency: Experience in data analysis and presenting findings effectively. Systems Experience (Advantageous): BPM onboarding systems Screening software Transaction monitoring algorithms MS Office Suite (Excel, Word, PowerPoint)

Aml Operations Specialist (4-Month Contract) position available in ZA, South Africa. This job position was posted by . The job has been posted on 2025-04-08 in the Accounting Finance category

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